Are you looking for the best Altcoins projects that will make 10X, 50X, or even 100X? In this video, we will share with you 5 promising crypto projects that will make you rich soon.
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#1: Binance Coin
The first project that we think will make you rich is Binance Coin.
Binance Coin is the native token of what has become the largest cryptocurrency exchange platform in 2022. In addition to its leading CEX, Binance has also launched the Binance Smart Chain, which is growing rapidly thanks to the trust placed in it by a growing number of decentralized applications (DApps).
In addition to constantly developing new DeFi products, Binance has recently integrated a marketplace dedicated to NFTs. Its CEO, Changpeng Zhao, is also multiplying exchanges with institutional regulators, thus consolidating the sustainability of its platform.
Far ahead of the competition, and with more than 90 million users, Binance is the exchange with the highest volume of transactions per day, around 3.88 billion dollars. BNB, meanwhile, launched in July 2017, ranks 5th in market capitalization with nearly $50 billion.
After a record high in May 2021 at $686, BNB is a staple of any well-constructed crypto portfolio and remains one of the most promising assets. Currently, the price is down 50%, which is an excellent entry point. Anyway, Binance Coin is an altcoin that you should definitely add to your Wallet.
The second Altcoin project you need to have in your wallet if you want to make 10X, 20X, or 50X soon is Solana.
Solana (SOL) is based on a highly scalable layer 1 blockchain that can reach up to 50,000 transactions per second. These two features make it one of Ethereum's most formidable challengers.
In August 2021, Solana moved into high gear. The "Pyth trading network" was launched and offers new features to projects based on this blockchain. By offering reliable and fast access to data, necessary for the operation of DeFi, the Pyth solution has enabled Solana to cement its status as a leading and unavoidable crypto.
In the top 10 largest market capitalizations, Solana has not finished surprising us and could make its way to the podium of this ranking. While the price of SOL had never exceeded $60 before August 2021, it reached its record level in November of the same year, valued at nearly $260.
Solana's current price at the time of this recording is $40. But we are convinced that it will reach and even exceed its ATH in the next Bull run. So, if you invest $1000 now, you will get over $6000 when it reaches its current ATH.
Solana is undoubtedly a promising crypto-currency to watch closely. It could, moreover, benefit from the growth of the NFTs market given the growing share of projects hosted on its blockchain. This is why Solana is your second crypto to consider if you want to get rich very soon with altcoins.
Another project to consider if you want to multiply your money in crypto is going to be Ethereum.
Ethereum was launched in July 2015 by Vitalik Buterin and is the first blockchain designed to serve other functions than supporting a cryptocurrency as proposed by Bitcoin. Through the use of smart contracts, various decentralized applications (DApps) can be based on its blockchain. Today, the Ethereum ecosystem is the largest in terms of the number of applications developed on the Ethereum Virtual Machine (EVM).
Ethereum was originally sold for $0.31 in 2014 when it launched and today, ETH is expected to be worth between $6,500 and $7,500 by the end of 2022. You may be thinking, "How is it going to go from its current price of $1,700 at the time of this recording to $7,500?" Well, the reason is that with the upcoming Ethereum update, Ethereum will be more valuable.
Ethereum has been under fire from many critics due to its high gas costs and uncompetitive scalability, Ethereum is about to have a major transformation. Its new version, Ethereum 2.0, will soon be launched and will transition the network from a Proof of Work consensus system to a Proof of Stake protocol. Ethereum's price will undoubtedly benefit considerably from this development. That's why you should add Ethereum to your wallet now before it explodes.
The next project on our list of projects to own is Uniswap.
Uniswap doesn't ring a bell? Then maybe Sushiswap and its very special name speak to you more? The two cryptos are related, with Sushiswap stemming from a fork that appeared on Uniswap in September 2020. Uniswap is a decentralized finance (DeFi) application that runs on the Ethereum blockchain.
The Uniswap protocol is a decentralized crypto buying and trading platform. For example, if you want to buy Bitcoin, a simple way is to do it on an exchange. However, exchanges do not operate in a decentralized manner. That's why you have to pay a transaction fee. With Uniswap, the exchange is done directly from peer to peer.
This project is currently booming. After hosting version 2 in May 2020, and a version V3 on May 5, 2021, Uniswap has started to receive more and more attention. This version has been considered to improve the efficiency of the protocol.
Uniswap has gone from a high of $44 to $8 which is its current price.
So, it will make you at least 5X if the price goes back to its ATH.
Uniswap has been on quite a tear over the past seven weeks, dissociating itself from the rest of the altcoin pack on several occasions and jumping +153% since June 18.
Uniswap whale addresses have shown positive movement since the May 2022 crypto crash. The addresses are accumulating large amounts of UNI tokens going in huge percentages. In their performance, whale addresses containing up to 100,000 to 1 million UNI tokens have undergone massive accumulation over the past two weeks.
The reason for this accumulation is that the Uniswap community has recently proposed the creation of the Uniswap Foundation to stimulate the exchanges. No doubt this would give a big boost to the UNI price.
#5: AXIE INFINITY
And the last crypto to hold is going to be Axie Infinity.
Hosted on the Ethereum network, Axie Infinity is the premier blockchain game of this decade. The project’s success largely lies in its ability to make players become partial owners of the protocol. Axie Infinity uses in-game characters representing NFTs. Borrowing heavily from the Pokemon legendary characters, players can collect, breed, and battle one another for experience points.
The winner uses the XP numbers to upgrade their Axies and sell them for fiat. Axie Infinity NFTs have broken through the crypto space with over $4 billion in all-time sales. This success makes Axie Infinity one of the most successful NFT projects.
Further boosting its utility, several platforms allow investors to earn interest on Axie Infinity’s token, AXS.
At the time of this recording, AXS is catching some tailwinds and trading at $19.77, down 31.94% in the past month. Which is dramatically low compared to its $160+ ATH.
Thus, it will be almost 10X when its price returns to its ATH. Axie Infinity is one of the most important cryptocurrencies in the Metaverse. For these reasons, you should consider adding it to your wallet.
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